GE / Zenon [2006] IECompA m06023 (12 April 2006)

GE / Zenon [2006] IECompA m06023 (12 April 2006)

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State, as the parties' activities are largely complementary and there is limited overlap in the relevant economic sector.

Parties
Acquirer: General Electric Company; Target: Zenon Environmental Inc.
Jurisdiction
Ireland
Judgment Date
12 April 2006
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Notification, Market Impact Assessment
Competition Law Merger Control Merger Notification Market Impact Assessment

Case Brief

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Parties

General Electric Company

Acquirer

Zenon Environmental Inc.

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of Zenon Environmental Inc. by General Electric Company would substantially lessen competition in any market for goods or services in the State.

Ratio Decidendi

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State, as the parties' activities are largely complementary and there is limited overlap in the relevant economic sector.

Court Disposition

Cleared

Orders

  • The proposed acquisition by General Electric Company of Zenon Environmental Inc. is approved unconditionally.